By ETF Desk
Hyundai Motor India Ltd announced that the Grand i10 Nios will now be available in Manipal starting at an on‑road price of ₹6,88,000, a reduction from the earlier ₹7,00,000 price point.
The compact hatchback, which has been a popular choice among first‑time buyers in Karnataka, faces stiff competition from rivals such as Maruti Suzuki and Tata. The new price comes as Hyundai seeks to maintain its market share amid rising consumer demand for affordable, fuel‑efficient vehicles.
Dealers in Manipal report that the reduced price could boost sales, especially in the Udupi district where the i10 Nios already enjoys a strong presence. Cathal Sharma, managing partner of AutoExim Manipal, said the price cut makes the car "more accessible to middle‑income families", potentially expanding Hyundai’s customer base. Source: Google News – Manipal.